Energy drinks are one of the popular sports nutrition products across the globe. They are available both in carbonated and non-carbonated form. Energy drinks contain sugar, sweeteners, amino acids, herbal extracts, and other ingredients. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Energy drinks Market Research Report- Forecast to 2023 that the market will demonstrate an exceptional CAGR % while achieving million-dollar growth readily in the forecast period.
Global Key Players and Competition Analysis
Some of the key players profiled in the global energy drinks market: Red Bull GmbH.(Australia), Taisho Pharmaceutical Co Ltd. (Japan), PepsiCo. Inc (U.S.), Monster Beverages Corporation (U.S.), Rockstar, Inc. (U.S.), Lucozade (U.K), Coca-Cola Company (U.S.), Amway Corporation (U.S), Arizona Beverages (U.S.), and Living Essentials LLC (U.S.).
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The global energy drinks market is segmented into type, packaging, and distribution channel. By type, it is segmented into non-alcoholic and alcoholic. By packaging, it is segmented into cartons, bottles, cans, and others. Global energy drinks market has segmented by distribution channel, which comprises supermarkets, convenience store, vending, drug stores, sport nutrition chains, mass merchandiser, and others.
The Global Energy Drinks Market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Among all the regions, Europe is estimated to hold a significant market proportion in the year of 2018, and the trend is expected to continue throughout the forecast period of 2018-2023.
The growth of the energy drinks market is anticipated to be driven by various factors. Increasing health concerns, such as obesity and awareness of physical appearances among all consumer groups are driving the demand for energy drinks. Rising product promotion through conventional stores, specialty retailers, and supermarkets & hypermarkets is positively impacting the growth of the global energy drinks market.
Browse the market data and information spread across 110 pages with 47 data tables and 12 figures of the report “Energy Drinks Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/energy-drinks-market-1916
Dec 2017 Coca-Cola launched- Power Play Energy Drink to meet the rising demand for sports and energy drinks from the consumers end.
Aug 2017 PepsiCo-owned AMP Energy launched a line of USDA-certified organic energy drinks in the market. Rising demand for clean-label food and beverages has led to the launch of organic energy drinks by the company. The strategy will suffice rising consumers demand for organic ingredients which provides on-the-go energy.
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